$325,000
SOLD APR 6, 2021

2480 Presidential Way Unit 3020 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,855 Sq Ft
$766/mo HOA Fee

Recently Sold

$175 Per Sq Ft

4% Below List Price

69 Days on Market

Highlights

  • Doorman
  • Gated with Attendant
  • Clubhouse
  • Fitness Center
  • Lake View
  • Sauna

About This Home

As of April 2021

Enjoy the beautiful views from the balcony surrounded by palm trees from bright & spacious 2 bedroom 2 bath updated unit with open kitchen in amenity filled luxury building with 24hr doorman. Beautiful cabinets with open kitchen, stainless steel appliances, granite counter tops, beautiful lighting throughout, assigned covered parking & so much more! Move in Ready with Over 2,000 square feet of space including the balcony. Enjoy all the amenities the building has to offer like 24 hour doorman, Gorgeous Pool, Hot Tub, Tennis courts, Shuffle Board, Social Room, Fitness Center, Sauna, Billiard room, Library, Covered Parking, with onsite manager. Personal Laundry room with New Washer & Dryer inside unit. Near Palm Beach Outlets, Downtown WPB. Beaches. Building has over $1.5 Million Reserves.

Last Agent to Sell the Property

Hector Vazquez

Premier Brokers International License #3383823 Listed on: 12/27/2020

Premier Brokers International

Last Buyer's Agent

Lisa Silver

Berkshire Hathaway Florida Rea License #3275022

Berkshire Hathaway Florida Rea

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1984

HOA Fees

  • $766 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,855 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 74434318100003020

Community Details

Overview

  • Association fees include management, cable TV, ground maintenance, pest control, sewer, trash, water, internet
  • Lands Of The President Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Community Library
  • Bike Room
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,592

Year Built

Built in 1984

Lot Details

0

HOA Fees

$766 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to exit 71 Palm Beach Lakes Blvd East left on N. Congress and Right at first traffic light on Presidential Way. Go through security gate to 2480 Presidential Way on right & park at guest space.
  • Year Built: 1984
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1855.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 20

Exterior Features

  • Exterior Features: Balcony, TV Antenna
  • View: Garden, Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Attached, Garage, Guest

Utilities

  • Security: Door Man, Security Gate, Gated with Guard, Key Card Entry, Security Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 766.0
  • Community Features: Gated, Internet Access, Property Manager On-Site, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Library, Management, Pool, Shuffleboard Court, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Maintenance Grounds, Pest Control, Sewer, Trash, Water, Internet

Lot Info

  • Parcel #: 74434318100003020
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2592.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2020
Closed on
Apr 6, 2021
Sold by
Harvey Robert J and Jenks Debra Anne
Bought by
Solomon Linda and Solomon Howard
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Lisa Silver
Berkshire Hathaway Florida Rea
List Price
$339,000
Sold Price
$325,000
Premium/Discount to List
-$14,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$200,000
Outstanding Balance
$180,284
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$273,427

Purchase Details

Listed on
Mar 25, 2013
Closed on
Jun 7, 2013
Sold by
Dehan Warren and Dehan Elizabeth
Bought by
Harvey Robert J and Jenks Debra Anne
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Todd Wilson
Atlantic One Realty Group LLC
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$154,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2007
Sold by
Ringel Gloria and Lamprecht Cheryl
Bought by
Dehan Warren and Dehan Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.44%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 17, 2005
Sold by
Ringel Gloria
Bought by
Ringel Gloria and Lamprecht Cheryl

Purchase Details

Closed on
Nov 15, 2002
Sold by
Davis Harriet C
Bought by
Gloria Ringel Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 Attorney
Warranty Deed $220,000 Attorney
Warranty Deed $200,000 Flagler Title Company
Interfamily Deed Transfer -- Flagler Title Company
Warranty Deed $135,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $154,000 New Conventional
Previous Owner $150,000 Negative Amortization
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2025 08/13/25 For Sale $488,000 +50.2% $263 / Sq Ft
04/06/2021 04/06/21 Sold $325,000 -4.1% $175 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
12/27/2020 12/27/20 For Sale $339,000 +54.1% $183 / Sq Ft
06/07/2013 06/07/13 Sold $220,000 -7.9% $119 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $239,000 -- $129 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,639 $161,182 -- --
2023 $2,558 $156,487 $0 $0
2022 $2,512 $151,929 $0 $0
2021 $4,915 $217,000 $0 $217,000
2020 $2,592 $151,135 $0 $0
2019 $2,545 $147,737 $0 $0
2018 $2,367 $144,982 $0 $0
2017 $2,311 $142,000 $0 $0
2016 $2,497 $148,029 $0 $0
2015 $2,545 $147,000 $0 $0
2014 $2,688 $152,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10680563

BeachesMLS

APN: 74-43-43-18-10-000-3020